Global Lithopone Market to cross $235 Mn by 2025 Lithopone Market | Page 3

Global lithopone market size from leather application is anticipated to witness
significant gains over 2.0% by 2025. B311 functions as filler in leather sector. Rising
living standards and presence of several premium leather brands including Gucci
and Versace will stimulate product demand.
China market size from rubber application is anticipated to surpass USD 3.0 million
by 2025. The product provides resistance against ageing and light in rubber
products. Increasing demand of rubber from automotive industry for tires, brakes, car
interiors and flooring will positively impact rubber production which may in turn
increase market growth.
Lithopone market is fragmented with key industry participants including Kremer
Pigments, American Elements, VB Technochemicals, Langfang Pairs Horses
Chemical Co., Ltd., DowDuPont, Inc. and Titanos. Manufacturers are making heavy
investments in R&D, and product innovation in order to cater increasing market
growth.
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